Quote from: ethereumhunter on May 27, 2020, 12:14:39 PM

Quote from: Triffin on May 24, 2020, 05:53:35 PM

Quote from: robelneo on May 17, 2020, 02:28:43 AM

Quote from: philanthropist67 on March 16, 2020, 10:28:18 AM

We know that day trading or short time trading is like playing with wild fire, not may can handle it. That's y most player's end up in loss and very few are successful day traders.
Is that hold true for gambling also?
There are posts here that gambling is addiction and how to get rid of.
Are there gamblers here who are in profit overall?

Gambling is really addicted and so is day trading both are risky but still many do it for profit fun, and experience and it's on your motivation and how high is your risk to continue moving on in gambling and day trading but when it comes to what is more addictive, I guess gambling is more addictive, obviously because of the so many online casinos and casinos, it's probably the most profitable industry because gamblers will always come back no matter what is the condition.

I think gambling is not like a day trading because there are many traders who are doing trading on daily basis and they gain a lot of profit so in day trading if you have more skills and more knowledge then you can easily make a lot of profit, otherwise day trading is also risky but when you face high risk then its return will be also high.

But if traders don't have skills and knowledge, that will be the same as gambling because they want to make a profit without analyzing the market. We know that is happening to many traders out there but they still not learning about trading. But if in sports betting, if that person has skills and knowledge to analyze which team that has a big chance to win, his probability of winning will increase.

I agree.
Trading with big amount or what you can't afford to lose without the required knowledge/experience is basically gambling. Same as other bettings, like betting in skill-based games, sport betting, poker, politics, etc.
I believe a good poker player for example could win consistently with his/her skills. The good and successful ones are probably few